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Tuesday, July 5, 2011

4th wave

This looks like the 4th wave correction  in progress. The 2nd wave corrected a little more than 50 % . So this 4th wave may correct upto 38.2% , till 5532.

That will be the region of the (iv) of the 3rd wave . Then the 5th wave will be truncated .May be around 5605.

Another chart . The 3rd wave was 423.6% of the 1st .


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